Incidentally, today (June 30, 2017) marks the end of Moller International's corporate year.
It also marks two years since MI last filed any kind of financial reporting -- namely the annual report for the year ending June 30, 2015. Since then -- No quarterly reports, no annual report for 2016, and I'm guessing, no report for 2017 either.
(Lack of) financial reporting isn't the only reason that the stock is hovering around the two cent mark, but it certainly doesn't help. While there is no obligation for MI to report their results to the SEC, not doing so condemns them to the "no information" category on the OTC Pink exchange. It's asking a lot for people to invest money in your stock when your financials are utterly opaque.
